ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 07, 2015, 10:02:23 AM |
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BlindMayorBitcorn
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September 07, 2015, 10:09:41 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 07, 2015, 11:02:17 AM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 07, 2015, 12:02:09 PM |
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btccashacc
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September 07, 2015, 12:09:30 PM Last edit: September 09, 2015, 11:57:01 AM by btccashacc |
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Tzupy
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September 07, 2015, 12:41:17 PM |
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Come one, piglets, you can do it, one last pump... My staggered limit shorts are waiting for you!
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ChartBuddy
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September 07, 2015, 01:02:24 PM |
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kromtar
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contracorriente
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September 07, 2015, 01:34:03 PM |
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ChartBuddy
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September 07, 2015, 02:02:14 PM |
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ChartBuddy
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September 07, 2015, 03:02:09 PM |
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BlindMayorBitcorn
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September 07, 2015, 03:30:55 PM |
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Denker
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September 07, 2015, 03:43:14 PM |
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He just left r/Bitcoin. This does not mean he is leaving Bitcoin.So let's keep a sense of proportion.
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BlindMayorBitcorn
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September 07, 2015, 03:56:09 PM |
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He just left r/Bitcoin. This does not mean he is leaving Bitcoin.So let's keep a sense of proportion. I sold my sense of proportion during the Grexit pump. 
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ChartBuddy
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September 07, 2015, 04:02:13 PM |
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ChartBuddy
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September 07, 2015, 05:02:37 PM |
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billyjoeallen
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Hide your women
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September 07, 2015, 05:36:16 PM |
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Using the estimate of Seven Transactions per Second, the network is capable of handling only ~ 604800 transactions a day. That's not even enough for one million people to use on a daily basis. Bitcoin will never be able to replace fiat even if it scales up 100X. or 1000X.
Bitcoin was designed as an electronic peer to peer cash system. Lack of scalability is clearly a severe limit to adoption in that regard. It may be useful for other purposes, but each time it is used for something else, it's capacity as an electronic peer to peer cash system is reduced.
When I first read the story of the Coinwallet stress test, I thought immediately that they were planning to do something harmful, but then I thought about it. Bitcoin is antifragile. It needs to be stressed so that it can grow stronger. Is there even a working process for increasing scalability? We may find out soon. If there isn't one, then knowledge of that deficiency will be the first step towards solving it.
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ChartBuddy
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September 07, 2015, 06:02:18 PM |
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LFC_Bitcoin
Diamond Hands
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#1 VIP Crypto Casino
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September 07, 2015, 06:10:56 PM |
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Looks like we've set up camp in the low 240's. I'll settle for that at the moment after the turmoil & fall out with the XT rubbish.
This is a good, calm time to accumulate gentlemen. Add to your 'HODLINGS'.
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conspirosphere.tk
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Bitcoin is antisemitic
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September 07, 2015, 06:24:51 PM |
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Bitcoin will never be able to replace fiat even if it scales up 100X. or 1000X.
Right, so make your damned coffee by yourself and keep your crypto for serious affairs, like buying weed.
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BlindMayorBitcorn
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September 07, 2015, 06:29:40 PM |
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Bitcoin will never be able to replace fiat even if it scales up 100X. or 1000X.
Right, so make your damned coffee by yourself and keep your crypto for serious affairs, like buying weed. And what happens if more people than the frequent flyers of a small oil rich nation decide they like using it one day? Something something fees market?
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